IPE-QUEST – Grontmij Capital Consultants is conducting a search for European institutional residential funds or club deals – excluding the Netherlands – for investment on behalf of two Dutch pension funds.

According to search QN1303, the size of the investments will be $10m (€7.7m) to $30m each.

The two pension funds prefer an active approach but will accept core, value-add, opportunistic, specific sector and diversified sector styles.

The schemes have no minimum AUM levels for the mandate itself or for the applying asset manager.

Tracking error guidelines are to be confirmed.

Interested parties should have at least a one-year track record, stating performance net of fees to the end of March.

The closing date for applications is 12 June.

The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.